instrument

Definition 1
In general, any financial security such as a bond, stock, check, etc. Money market securities (such as a Treasury Bill, U.S. government bonds, or commercial paper) and capital market securities (such as a mortgage, Certificate of Deposit, or long-term bonds) are also referred to as instruments.

Definition 2
A document containing some legal right or obligation. Examples include notes, agreements, and contracts.

Definition 3
Any tool that can be used in order to implement economic policy. For example, the government may use interest rates as an instrument for implementing monetary policy, and taxes as an instrument for implementing fiscal policy.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

financial instrument -

bearer instrument -

negotiable instrument

primary instrument

bank

carrying charge

Mentioned in these terms

deliverable instrument

Markets in Financial Instruments Directive

credit instrument

fixed income instruments

Popular 'Law & Estate Planning' Terms

escrow
fiduciary
arm's length transaction
irrevocable trust
revocable trust

per stirpes
bill of exchange
letters testamentary
joint venture
escrow account

instrument in the news

Enter your email address to get our free Term of the Day newsletter!

Tools

instrument is ...

... part of the Law & Estate Planning subject.

Nearby Terms

institutional investor
institutional pot
Institutional Shareholder Services (ISS)
institutional shares
institutionalization
instrument
insurability
insurable interest
insurance
insurance agent
insurance broker

Search volume for instrument

instrument is mentioned in these Investment Tips

More Investment Tips